Cross-border cartels in Sadc area focus on poultry, retail, cement and milling
The construction‚ cement‚ poultry‚ milling and retail sectors have been singled out as the most plagued sectors by cross-border price-fixing‚ collusion and bid-rigging, at the expense of the poor in Southern African Development Community (Sadc) member states. The identified sectors are top of the priority list of the 15 Sadc member states’ agreement on which to share expertise‚ information‚ resources and financial muscle to uproot anticompetitive connivance. Thembinkosi Bonakele‚ SA’s competition commissioner‚ said the region had a long history of cross-border cartels but there had been no co-operation arrangement to jointly combat the harmful anticompetitive practice. "It is important that we look at it from a regional point of view to ensure there is no safe haven for cartels within Sadc. We are committed to assist each other in uprooting them … the area involves price-fixing‚ collusion and bid-rigging, where firms co-ordinate each other’s responses on tender bids often by governm...
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